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Schedule IV - Mortgage Loans on Real Estate (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
loan
Dec. 31, 2015
USD ($)
loan
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Residential whole loans, at carrying value, beginning balance $ 271,845  
Residential whole loans, at fair value, beginning balance 623,300  
Residential whole loans, at carrying value, ending balance 590,540 $ 271,845
Residential whole loans, at fair value, ending balance $ 814,682 623,300
Residential whole loans    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 7,038  
Balance Sheet Reported Amount $ 1,405,222  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 771,424  
Residential whole loans | Carrying value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 3,226  
Balance Sheet Reported Amount $ 590,540  
Principal Amount of Loans Subject to Delinquent Principal or Interest 76,142  
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Residential whole loans, at carrying value, beginning balance 271,845  
Purchases and capitalized advances 363,089  
Yield accreted 23,916  
Collection of principal (44,692)  
Collection of interest (21,428)  
Provision for loan loss 175  
Repurchases 0  
Transfer to REO (2,365)  
Residential whole loans, at carrying value, ending balance $ 590,540 $ 271,845
Residential whole loans | Fair value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 3,812 3,143
Balance Sheet Reported Amount $ 814,682  
Principal Amount of Loans Subject to Delinquent Principal or Interest 695,282  
Movement in Mortgage Loans on Real Estate [Roll Forward]    
Residential whole loans, at fair value, beginning balance 623,276  
Purchases and capitalized advances 316,407  
Collection of principal (66,694)  
Changes in fair value recorded in gain/(loss) on loans recorded at fair value 31,254  
Repurchases (2,909)  
Transfer to REO (86,652)  
Residential whole loans, at fair value, ending balance $ 814,682 $ 623,276
Original loan balance $0 - $149,999 | Residential whole loans | Carrying value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 1,189  
Balance Sheet Reported Amount $ 82,718  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 16,826  
Original loan balance $0 - $149,999 | Residential whole loans | Carrying value | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 0.00%  
Original loan balance $0 - $149,999 | Residential whole loans | Carrying value | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 13.08%  
Original loan balance $0 - $149,999 | Residential whole loans | Fair value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 1,268  
Balance Sheet Reported Amount $ 101,448  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 71,868  
Original loan balance $0 - $149,999 | Residential whole loans | Fair value | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 1.00%  
Original loan balance $0 - $149,999 | Residential whole loans | Fair value | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 14.99%  
Original loan balance $150,000 - $299,999 | Residential whole loans | Carrying value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 1,107  
Balance Sheet Reported Amount $ 168,636  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 19,800  
Original loan balance $150,000 - $299,999 | Residential whole loans | Carrying value | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 1.00%  
Original loan balance $150,000 - $299,999 | Residential whole loans | Carrying value | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 11.00%  
Original loan balance $150,000 - $299,999 | Residential whole loans | Fair value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 1,324  
Balance Sheet Reported Amount $ 217,555  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 176,177  
Original loan balance $150,000 - $299,999 | Residential whole loans | Fair value | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 1.80%  
Original loan balance $150,000 - $299,999 | Residential whole loans | Fair value | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 12.38%  
Original loan balance $300,000 - $449,999 | Residential whole loans | Carrying value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 469  
Balance Sheet Reported Amount $ 126,681  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 15,258  
Original loan balance $300,000 - $449,999 | Residential whole loans | Carrying value | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 1.31%  
Original loan balance $300,000 - $449,999 | Residential whole loans | Carrying value | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 9.75%  
Original loan balance $300,000 - $449,999 | Residential whole loans | Fair value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 621  
Balance Sheet Reported Amount $ 176,389  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 155,087  
Original loan balance $300,000 - $449,999 | Residential whole loans | Fair value | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 1.87%  
Original loan balance $300,000 - $449,999 | Residential whole loans | Fair value | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 11.00%  
Original loan balance greater than $449,999 | Residential whole loans | Carrying value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 461  
Balance Sheet Reported Amount $ 212,505  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 24,258  
Original loan balance greater than $449,999 | Residential whole loans | Carrying value | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 1.25%  
Original loan balance greater than $449,999 | Residential whole loans | Carrying value | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 8.50%  
Original loan balance greater than $449,999 | Residential whole loans | Fair value    
Mortgage Loans on Real Estate [Line Items]    
Number (loans) | loan 599  
Balance Sheet Reported Amount $ 319,290  
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 292,150  
Original loan balance greater than $449,999 | Residential whole loans | Fair value | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 0.00%  
Original loan balance greater than $449,999 | Residential whole loans | Fair value | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest Rate 10.88%